Shanghai Guijiu (SH:600696) Xin Lang Cai Jing·2025-12-22 11:51Core Viewpoint - *ST Rock has experienced significant stock price volatility and has previously disclosed abnormal fluctuations and clarifications. The company reported a revenue of 34.76 million yuan and a net loss of 112 million yuan for the first three quarters of 2025, raising concerns about potential delisting due to financial indicators not meeting standards or receiving non-standard audit opinions. The controlling shareholder's shares are fully frozen by judicial measures, and the actual controller, Han Xiao, has been subjected to criminal coercive measures, prompting a warning for investors regarding trading risks [1]. Financial Performance - For the first three quarters of 2025, the company reported a revenue of 34.76 million yuan [1] - The net profit for the same period was a loss of 112 million yuan [1] Regulatory and Legal Issues - The controlling shareholder's shares have been completely frozen by judicial measures [1] - The actual controller, Han Xiao, has been subjected to criminal coercive measures [1] Risk of Delisting - If the financial indicators for 2025 do not meet the required standards or if the financial report receives a non-standard opinion, the company's stock may face delisting due to financial issues [1]